Retail News

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Belvédère targets Asia/Pacific markets(29-May-2008) The supplier claims the decision was led by a 50% growth in sales in 2007 for its flagship Danzka vodka
Lagardère Services Asia Pacific wins souvenirs contract at Sydney(29-May-2008) The travel retailer has been awarded a five-year contract to operate three souvenirs stores at Sydney International airport terminal one
Study highlights Russian taste for premium beauty and duty-free(29-May-2008) A new Nielsen study confirms that Russian consumers prefer prestige brands and duty-free is one of their favourite channels
Hochtief appoints Design Solution and Pragma for Budapest retail plan(28-May-2008) The UK companies will conduct a retail review and develop a commercial spatial plan at Budapest Ferihegy airport’s terminal two
InterBaires offers La Prairie beauty centre at Buenos Aires Ezeiza(28-May-2008) The La Prairie Art of Beauty centre at Buenos Aires Ezeiza airport is the first in travel-retail to offer a full range of treatments
Hellenic notes triple-digit growth in first quarter of 2008(28-May-2008) The duty-free retailer’s sales were up 113.4% to €113.4m ($178.4m) in the first three months of the year
BAA UK airports post marginal retail decline(28-May-2008) Declining income from landside stores, car parking, car rental and foreign exchange outweighed growth from airside speciality stores, advertising and World Duty Free in the first quarter
Mexican retailers anticipate rebate windfall(27-May-2008) A new scheme allowing tourists to collect tax rebates at Mexican airports is set to boost the country’s duty-free retail market
Senai airport plans dedicated landside shopping centre(27-May-2008) The 9,290sq m (100,000sq ft) landside mall will be the first at a Malaysian airport
Fuel prices will have direct effect on airport retail(23-May-2008) The Pacific Asia Travel Association and Centre for Asia Pacific Aviation have warned that the effects of record oil prices will be passed directly to consumers and will influence travel-retail
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